Non-Toxic Nail Polish Market to Grow with a CAGR of 5.2% Globally through 2028
Growing demand for safer beauty products and
increasing demand for sustainable and eco-friendly formulations are driving the
Global Non-Toxic Nail Polish Market in the forecast period 2024-2028.
According to TechSci Research report, “Global Non-Toxic
Nail Polish Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Non-Toxic Nail Polish Market stood
at USD 1.99 Billion in 2022 and is anticipated to grow with a CAGR of 5.2% in
the forecast period, 2024-2028. The global non-toxic nail polish market is
experiencing significant growth, reflecting a broader shift in consumer
preferences towards safer and more eco-friendly beauty products.
One of the primary drivers of the global non-toxic
nail polish market is the increasing consumer awareness of the potential health
risks associated with conventional nail polishes. Traditional nail polishes
often contain harmful chemicals like formaldehyde, toluene, and dibutyl
phthalate (DBP), which can lead to various health issues, including skin
irritations and allergies. As consumers become more educated about these risks,
they are seeking non-toxic alternatives that do not compromise their health.
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Nail Polish Market”
The broader trend towards clean and safe beauty
products has had a significant impact on the non-toxic nail polish market.
Consumers are now more discerning, seeking products that are free from harmful
chemicals and toxins. Non-toxic nail polishes offer a safer choice, appealing
to individuals who prioritize their well-being. This demand is further
amplified by concerns about environmental sustainability, as non-toxic nail
polishes are often produced with a lower environmental footprint.
The non-toxic nail polish market has seen substantial
innovation in product formulations. Manufacturers are investing in creating non-toxic
nail polishes that match or even surpass the performance of traditional nail
polishes. This includes vibrant color options, extended wear, and chip
resistance, addressing concerns that non-toxic alternatives may not provide the
same quality. Brands have also introduced water-based, odorless formulas and
nail treatments that nourish and strengthen nails. These innovations contribute
to making non-toxic nail polishes not only safe but also stylish and effective.
Geographically, the non-toxic nail polish market shows
promising growth in North America and Europe. The United States, in particular,
is a significant market, driven by an ever-expanding consumer base concerned
with health and environmental sustainability. However, emerging markets in
Asia-Pacific and Latin America are also witnessing increasing adoption as
consumers in these regions become more health-conscious and eco-aware. This
regional diversification indicates the global nature of the non-toxic nail polish
market and its potential for widespread acceptance.
Government regulations and safety standards within the
cosmetics industry have become more stringent, bolstering the growth of
non-toxic nail polish products. Regulatory agencies in various countries have
implemented guidelines to ensure the safety of beauty products, leading to
restrictions on certain harmful chemicals in nail polish formulations. This
regulatory support provides a level playing field for non-toxic nail polish
brands and motivates consumers to adopt safer alternatives. Moreover, certifications
and labeling programs have emerged to help consumers identify genuinely
non-toxic products, contributing to the market's growth.
In conclusion, the global non-toxic nail polish market
is thriving, driven by rising consumer awareness of health and environmental
concerns, the demand for safer beauty products, innovative product
formulations, regional growth, and the support of regulatory standards. As the
beauty industry continues to prioritize cleaner and more sustainable products,
non-toxic nail polishes are well-positioned for sustained growth, offering
consumers a safe and stylish choice for nail care. This market overview highlights
the momentum behind the shift to non-toxic alternatives in the nail polish
industry.
The Global Non-Toxic Nail Polish Market is segmented
into finish, sales channel, regional distribution, and company.
Based on finish the market is segmented into glossy,
matte, glitter, and others.
The
global non-toxic nail polish market is witnessing a growing demand for matte
finish nail polishes. Matte nail polishes, known for their velvety, non-glossy
texture, have gained immense popularity due to their unique aesthetic appeal
and non-toxic formulation. This trend reflects consumer preferences for a sleek
and understated look while also emphasizing the importance of safety. The matte
finish's rising demand has prompted non-toxic nail polish brands to expand
their matte color options, making it a prominent trend in the market.
Based on sales channel the market is segmented into hypermarket/supermarkets,
retail stores, beauty salon, online, others.
Based on region the market is segmented into five
regions, North America, Europe, Asia Pacific, Middle East & Africa, and
South America.
Major companies operating in Global Non-Toxic
Nail Polish Market are:
- Kosé Corporation
- Orly International Inc
- Smith & Cult, LLC
- Kure Bazaar SAS
- NBY London Ltd.
- Pacifica Companies
- Art of Beauty Inc
- Cienna Rose Limited
- Butter London, LLC
- Honeybee Gardens Inc.
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“Continuous innovation in non-toxic formulations products
is a significant trend that is expected to have an impact on growth over the
forecasted period. Growing demand for safer beauty products and increasing
demand for sustainable and eco-friendly formulations and increased transparency
and ingredient disclosure will positively impact the Global Non-Toxic Nail
Polish Market. Due to the wide range of products available to meet specific
needs of, as well as the growing popularity of the online sales channel, the
market is growing at impressive rate through projected period,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Non-Toxic
Nail Polish Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Finish (Glossy, Matte, Glitter, Others), By Sales
Channel (Hypermarket/Supermarkets, Retail Stores, Beauty Salon, Online,
Others), By Region, By Competition, 2018-2028”, has evaluated the
future growth potential of Global Non-Toxic Nail Polish Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Non-Toxic Nail Polish Market.
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